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RecDoc 2016-072246 275 Oracle Pkwy Centrum Owners Associates_IA
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RecDoc 2016-072246 275 Oracle Pkwy Centrum Owners Associates_IA
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Last modified
8/22/2016 12:54:37 PM
Creation date
7/25/2016 1:28:49 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
275 Oracle Parkway IA
Rec Date
7/25/2016
Address
275 Oracle Parkway
Parties
Centrum Owners Association
File Num
2016-072246 CONF
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(d) Providing that Developer's insurance shall be primary insurance relating <br /> to Contractor's work hereunder with respect to City, its Council, commissions, boards, <br /> committees, officers, employees and agents, and further providing that any insurance or self- <br /> insurance maintained by City for itself, its Council, commissions, boards, committees, officers, <br /> employees and agents shall not be excess of Developer's insurance and shall not be contributory <br /> with it. Such insurance shall also specifically insure any contractual liability assumed by <br /> Developer under the terms of this Agreement, including, but not limited to, the provisions of <br /> subsection (a) above. <br /> 18.4 In the event that Developer's insurance is cancelled, Developer shall <br /> provide replacement coverage or all work must cease as of the cancellation date until <br /> replacement insurance coverage is provided. <br /> 19. Workers' Compensation Insurance. Developer shall provide, or cause to be <br /> provided, Workers' Compensation insurance as required by law, and shall cause its contractors <br /> and their subcontractors, agents and representatives to also maintain Workers' Compensation <br /> insurance as required by law. No Work shall commence until such Workers' Compensation <br /> insurance is obtained and in full force and effect. <br /> 20. Compliance with Laws. Developer shall comply with all federal, state and local <br /> laws, ordinances and regulations in the performance of this Agreement. Developer shall, at its <br /> own cost and expense, obtain all necessary permits and licenses for the Work, give all necessary <br /> notices, pay all fees and taxes required by law and make any and all deposits legally required by <br /> those public utilities that will serve the development on the Property. Copies and/or proof of <br /> payment of said permits, licenses, notices, fee and tax payments and deposits shall be furnished <br /> to the City Engineer upon request. <br /> 21 . Encroachment Permits. Developer shall obtain, at its sole cost and expense, any <br /> encroachment permits required by City in order to perform the Work. <br /> 22. Payments. Developer agrees that it will pay, when due, all those furnishing labor <br /> or materials in connection with the Work. Developer further agrees that pursuant to Government <br /> Code section 66499.7, the Payment Security provided by Developer in accordance with <br /> Section 13. 1 of this Agreement shall not be released if any mechanics liens or stop notices are <br /> outstanding, unless said liens are released by bond in compliance with Civil Code section 8424. <br /> 23 . Notice of Breach and Default. The occurrence of any of the following constitutes <br /> a breach and default of this Agreement: <br /> (1) Developer refuses or fails to complete the Work within the time set forth <br /> herein or abandons the Work. <br /> (2) Developer assigns the Agreement without the prior written consent of <br /> City. <br /> (3) Developer is adjudged bankrupt or makes a general assignment for the <br /> benefit of creditors, or a receiver is appointed in the event of Developer's insolvency. <br /> REV: 06-22-1615 <br /> Page 10 of 15 <br /> ATTY/AGR.2016. 159/Centrum Owners Association - IA <br />
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